• Two changes to the FTSE 100
  • Easyjet and Just Eat to join FTSE 100
  • Five changes to the FTSE 250

FTSE Russell, the global index provider, confirms today that Easyjet and Just Eat will be joining the FTSE 100 Index as a result of the December 2019 quarterly review. In the rebalance, Fresnillo and Hiscox will leave the FTSE 100 index and enter the FTSE 250 index.

The rules-driven, impartial quarterly reviews ensure the indexes continue to portray an accurate reflection of the market they represent and form an essential component to the management of the indexes. The FTSE 250 Index will see the following changes (in alphabetical order), in addition to the amendments described above.

Entering FTSE 250 Index (in alphabetical order)

  • C&C Group
  • Fresnillo
  • Helios Towers
  • Hiscox
  • LXI REIT

Exiting FTSE 250 Index (in alphabetical order)

  • Card Factory
  • Easyjet
  • Just Eat
  • NB Global Floating Rate Income Fund (GBP)
  • Riverstone Energy

FTSE Russell operates a reserve list for the FTSE 100 Index, to be used in the event of a corporate action occurring between reviews e.g. merger, acquisition, delisting or suspension. In such cases, the reserve list constituent with the largest market capitalisation (on the date of the corporate action) will replace the outgoing constituent. With immediate effect, the following reserve list for FTSE 100 will be used (in alphabetical order):

  • Avast
  • Bellway
  • Direct Line Insurance Group
  • Fresnillo
  • GVC Holdings
  • Intermediate Capital Group

All changes from this review will be implemented at the close of business on Friday, 20 December 2019 and take effect from the start of trading on Monday, 23 December 2019.

A link to the full technical notice can be found here.

Lucie Holloway/ Oliver Mann 
+44 (0)20 7797 1222
newsroom@lseg.com

:

FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.

FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $15 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.

A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.

FTSE Russell is wholly owned by London Stock Exchange Group.

For more information, visit www.ftserussell.com

© 2019 London Stock Exchange Group plc and its applicable group undertakings (the “LSE Group”). The LSE Group includes (1) FTSE International Limited (“FTSE”), (2) Frank Russell Company (“Russell”), (3) FTSE Global Debt Capital Markets Inc. and FTSE Global Debt Capital Markets Limited (together, “FTSE Canada”), (4) MTSNext Limited (“MTSNext”), (5) Mergent, Inc. (“Mergent”), (6) FTSE Fixed Income LLC (“FTSE FI”) and (7) The Yield Book Inc. (“YB”). All rights reserved.

FTSE Russell® is a trading name of FTSE, Russell, FTSE Canada, MTS Next Limited, Mergent, FTSE FI and YB. “FTSE®”, “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®” , “WorldBIG®”, “USBIG®”, “EuroBIG®”, “AusBIG®”, “The Yield Book®”,  and all other trademarks and service marks used herein (whether registered or unregistered) are trademarks and/or service marks owned or licensed by the applicable member of the LSE Group or their respective licensors and are owned, or used under licence, by FTSE, Russell, MTSNext, FTSE Canada, Mergent,  FTSE FI or YB. FTSE International Limited is authorised and regulated by the Financial Conduct Authority as a benchmark administrator.